NOT LISTED FOR SALE

1015 Cottonwood Dr NW Albuquerque, NM 87107

Estimated Value: $1,355,000 - $1,999,000

5 Beds
4.5 Baths
7,500 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 16, 2021

Current estimated payment $13,282/month

76 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • 3 Fireplaces
  • 1.12 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Separate Formal Living Room

About This Home

As of September 2021

This spectacular residence offers a timeless ranch style home on 1.12 acres located in prestigious Prado an established gated community in the North Valley of Los Ranchos. New construction and many award winning Parade of Homesadorn the surroundings. It has 7,500 sq ft on 1.12 acres with 5 bedrooms, 5 bathrooms and a quaint 400 sq ft Separate Casita that is included in the sq ft. The gourmet kitchen features Viking appliances including gas range, double ovens and a warming drawer, a large pantry that has an additional freezer with lots of cabinets. A huge laundry room has lots of storage.The back yard has a large patio, stone and water features and lush grass. There is a large outdoor patio for entertaining. This home is a must to see. Open 7/11 1:00-4:00

Last Agent to Sell the Property

Marion Wylie

Regal Properties License #8305 Listed on: 04/30/2021

Last Buyer's Agent

Dominic Serna

Keller Williams Realty License #45763

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,215

Year Built

  • Built in 1949

Lot Details

  • 1.12 Acre Lot
  • East Facing Home
  • Private Entrance
  • Water-Smart Landscaping
  • Sprinklers on Timer
  • Private Yard
  • Lawn

HOA Fees

  • $2,360 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Multiple Garage Doors

Home Design

  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,500 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Multiple Living Areas
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Patio

Schools

  • Los Ranchos Elementary School
  • Taft Middle School
  • Valley High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101406307513630374

Community Details

Overview

  • Association fees include common areas
  • Prado Subdivision
  • Planned Unit Development

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,215

Year Built

Built in 1949

Lot Details

0

HOA Fees

$2,360 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Chavez and Osuna go north on Rio Grande NW to Cottonwood Dr NW, enter Prado gate on the west side take 1st right home is on the left with a blue tile roof.
  • Listing Contract Date: 2021-03-08
  • Year Built: 1949
  • Lot Size Acres: 1.12
  • Road Surface Type: Paved
  • Subdivision Name: PRADO
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: None
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Cooktop, Double Oven, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Wine Cooler
  • Interior Amenities: Bookcases, Breakfast Area, Ceiling Fan(s), Dressing Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, Jetted Tub, Kitchen Island, Multiple Living Areas, Main Level Primary, Pantry, Cable TV, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Custom, Gas Log, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 7500.0
  • Stories: 1
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Private Entrance, Private Yard, Sprinkler/Irrigation
  • Roof: Pitched, Tile
  • Fencing: Wall
  • Lot Features: Lawn, Landscaped, Planned Unit Development, Sprinklers Automatic, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: No
  • Parking Features: Door-Multi, Detached, Garage, Two Car Garage

Utilities

  • Cooling: Multi Units, Refrigerated
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public, Private, Well
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 2360.04
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Los Ranchos
  • High School: Valley
  • Middle Or Junior School: Taft

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 48787.0
  • Parcel #: 101406307513630374
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 10215.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Montoya Michael F and Abeyta-Montoya Elaine
Bought by
Ana Trust and Montoya
Current Estimated Value
$1,810,423

Purchase Details

Listed on
Apr 30, 2021
Closed on
Sep 16, 2021
Sold by
Miks Seanc
Bought by
Montoya Michael F and Abeyta Montoya Elaine
Seller's Agent
Marion Wylie
Regal Properties
Buyer's Agent
Dominic Serna
Keller Williams Realty
List Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$775,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2016
Closed on
Jun 2, 2016
Sold by
Chemweno Johonniuss and Chemweno Vanessa
Bought by
Milks Sean C
Seller's Agent
Carrie Traub & Associates
Coldwell Banker Legacy
Buyer's Agent
Ivey Bows
Coldwell Banker Legacy
List Price
$1,490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.64%
Original Mortgage
$130,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 12, 2011
Sold by
Aurora Loan Services Llc
Bought by
Milks Sean C and Milks Janene M Falsone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
4.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 8, 2007
Sold by
Barrington Reinsurance Group Ltd
Bought by
Neff Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,232,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2005
Sold by
Stv Investments Ix Llc
Bought by
Barrington Reinsurance Group Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ana Trust -- None Listed On Document
Montoya Michael F -- Fidelity National Ttl Ins Co
Milks Sean C -- None Available
Chemweno Johonniuss $1,350,000 None Available
Milks Sean C -- None Available
Milks Sean C -- Multiple
Neff Dennis J -- Landamerica Albuquerque Titl
Barrington Reinsurance Group Ltd -- Landamerica New Mexico Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montoya Michael F $775,000
Previous Owner Chemweno Johonniuss $130,000
Previous Owner Milks Sean C $657,000
Previous Owner Milks Sean C $78,500
Previous Owner Milks Sean C $628,000
Previous Owner Neff Dennis J $1,232,000
Previous Owner Barrington Reinsurance Group Ltd $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold -- -- --
07/15/2021 07/15/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $1,395,000 -3.8% $186 / Sq Ft
04/30/2021 04/30/21 For Sale $1,450,000 -2.7% $193 / Sq Ft
06/03/2016 06/03/16 Sold -- -- --
03/18/2016 03/18/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $1,490,000 -- $199 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,605 $356,965 $37,830 $319,135
2023 $13,758 $356,965 $37,830 $319,135
2022 $13,348 $356,965 $37,830 $319,135
2021 $10,405 $279,308 $38,964 $240,344
2020 $10,215 $271,173 $37,830 $233,343
2019 $9,976 $264,880 $40,133 $224,747
2018 $9,628 $264,880 $40,133 $224,747
2017 $9,272 $257,165 $38,964 $218,201
2016 $9,125 $249,775 $37,830 $211,945
2015 $249,875 $249,875 $37,830 $212,045
2014 $8,970 $250,042 $37,830 $212,212
2013 -- $250,175 $37,830 $212,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 990919

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-063-075136-3-03-74